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Property profile & analytics
OFF-MARKET
Estimated value
$1,275,000
Strip malls
Thruway Shop Cnt Plz, Walden, NY 12586
Entity Owned
13-yr Hold
Free & Clear
Property ID
US63-4122953
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2014
Total area
36,586 SF
Lot
15.6 ac (679,536 SF)
Zoning code
B2
APN
334205 306-1-41
UPID
US63-4122953
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.28M
Owner & transaction history
Vs Walden LLC · 13 yrs held
Vs Walden LLC
since 2013
7 recorded transactions
Zoning & alternative use
B2 · Walden, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$1.8M
+89.7%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Walden submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Walden submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$965,000
Current use
WAREHOUSE, STORAGE
$1,835,000
Change: +90% · Conversion: Difficult
Blend value · Realmo final
$1.28M
Range $1.15M – $1.40M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$35 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2021Property tax & assessments
Tax year 2021
Assessed value
$6,594,700
Assessed 2023
Previous assessed
$6,594,700
+0.0% YoY
Assessed land
$500,000
Assessed improvement
$6,094,700
Land market value
$1,190,479
Improvement market value
$14,511,221
Total market value
$15,701,700
Applied tax rate
334,201.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2014
Heating
NONE
Cooling
CENTRAL
Buildings
3
Stories
1
Total area
36,586 SF
Lot
15.6 ac (679,536 SF)
Zoning code
B2
APN
334205 306-1-41
UPID
US63-4122953
Jurisdiction
ORANGE
Zoning & alternative use
B2 · Walden, NY
Zoning B2 · permitted uses
B2 · Walden, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Walden. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$965,000
WAREHOUSE, STORAGE
Est. value
$1.8M
NEIGHBORHOOD: SHOPPING CENTER Current
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2014
Heating
NONE
Cooling
Yes
Stories
1
Buildings
3
Lot
15.6 ac
Current owner
From public records · entity-resolved
Vs Walden LLC
Entity
Free & Clear · 13 yrs held
Mailing address
47 SOUTHERN LN, WARWICK, NY 10990-1919
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 10, 2014
—
Vs Walden LLC
—
Loan Modification
related
$6,000,000 · Orange Cnty Tr
Mar 6, 2013
$6,400,000
Vs Walden LLC
Oak Street Equities LLC
Grant Deed
—
Jun 12, 2009
$310,000
Oak Street Equities LLC
Thruway Ctr Assoc
Grant Deed
related
—
Dec 16, 2004
—
Thruway Center Assoc
Village Of Walden
Warranty Deed
related
—
—
—
Vs Walden LLC
—
Deed Of Trust
related
$1,500,000 · Orange Cnty Tr
—
—
Vs Walden LLC
—
Loan Modification, Consolidation And Extension
related
$11,500,000 · Orange Cnty Tr
—
—
Vs Walden LLC
—
Loan Modification
related
$424,000 · Orange Cnty Tr
—
—
Vs Walden LLC
—
Loan Modification
related
$1,326,000 · Orange Cnty Tr
—
—
Vs Walden LLC
—
Loan Modification
related
$424,000 · Orange Cnty Tr
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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